Business EconomyPosted at: Jan 30 2025 6:40PM

Waaree Energies net up 260 pc in Q3 at Rs 507 crore

New Delhi, Jan 30 (UNI) Waaree Energies on Thursday announced 260 percent jump in net profit at Rs 507 crore year-on-year for the third quarter (October-December) of fiscal 2024-25, versus Rs 141 crore in the same quarter of last financial year.
Commenting on the results, Amit Paithankar, Whole Time Director & CEO, Waaree Energies Ltd said “As an energy transition company, we see immense opportunities and are well positioned to tap into new business areas. Our solar business continues to be strong and we are rapidly advancing in the adjacencies of energy storage systems, green hydrogen, inverters and renewable infrastructure.
“The momentum in this space is stronger than ever, and we are well-positioned to capitalize on it. We continue to build on our strengths, enhancing scalability and internal efficiencies, which has clearly reflected in our 9M FY25 performance. Strong execution and disciplined growth remain at the core of our strategy,” he added.
The US contributed about 15-20% of company’s revenue mix. As we expand globally, we are strengthening our presence in high-potential regions, ensuring that we stay ahead of the curve in this fast-evolving industry. We are excited about the road ahead and remain committed to driving meaningful change in the energy landscape.
Waaree Energies Limited is India's leading renewable energy company, accelerating the global energy transition. Headquartered in Mumbai, we operate state-of-the-art manufacturing facilities with an installed capacity of about 15 GW for solar PV modules and 5.4GW for solar cells. With presence across India and 25+ countries worldwide, the company offers innovative solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems.
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Tags: #Waaree Energies net up 260 pc in Q3 at Rs 507 crore

HDFC Capital partners with Total Environment to form Rs 1,300 cr platform

24 Mar 2025 | 7:11 PM

Hyderabad, Mar 24 (UNI) HDFC Capital, the real estate private equity arm of HDFC Group, on Monday said it has partnered with Total Environment, one of South India’s leading real estate developers, to form a Rs 1,300 crore platform for the development of high-quality homes in Bengaluru.

Waaree Energies net up 260 pc in Q3 at Rs 507 crore

HDFC Capital partners with Total Environment to form Rs 1,300 cr platform

Shriram Fin strengthens SME portfolio in TN

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Panasonic introduces its 2025 AC line-up in East India

KVB opens 4 new branches in TN, AP

NEW DELHI, MAR 24 (UNI):- Union Minister of Heavy Industries and Steel, H.D.Kumaraswamy at the signing ceremony of MoUs between Companies and Ministry of Steel under PLI 1.1, in New Delhi on Monday. UNI PHOTO-169U

KATHUA, MAR 24 (UNI):- Security forces have recovered ammunition and other items from encounter site at Village Sanyal in Hiranagar sector of Kathua district of Jammu and Kashmir, on Monday. UNI PHOTO-168U

CHENNAI, MAR 24 (UNI):- R.Parthiban, Actor and Flim Director called on Tamil Nadu Governor R N Ravi, at Raj Bhavan, Chennai, on Monday. UNI PHOTO-167U

NEW DELHI, MAR 24 (UNI):- Union Minister of Health and Family Welfare and Chemicals and Fertilizers, Jagat Prakash Nadda addressing the gathering at the inauguration of the World TB Day 2025, in New Delhi on Monday. UNI PHOTO-166U

CHENNAI, MAR 24 (UNI):- Tamil Nadu Chief Minister and DMK President M K Stalin at the Iftar party organised by the Minorities Wing of the Ruling DMK, in Chennai on Monday. UNI PHOTO-164U

GANDHINAGAR, MAR 23 (UNI):- Gujarat Chief Minister Bhupendra Patel with Jochen Hanebeck, CEO of Infineon Technologies during the inauguration of semiconductor manufacture Infineon global capability centre at the Gujarat International Finance Tech City (GIFT), in Gandhinagar on Monday. UNI PHOTO-163U

NEW DELHI, MAR 24 (UNI):- Union Minister of Heavy Industries and Steel, H.D.Kumaraswamy at the signing ceremony of MoUs between Companies and Ministry of Steel under PLI 1.1, in New Delhi on Monday. UNI PHOTO-162U

CHENNAI, MAR 24 (UNI):- Tamil Nadu Governor R.N.Ravi, addressing the gathering during the World Tuberculosis (TB) Day on the theme 'Yes, we can end TB: Commit, Invest and Deliver', organised at Bharathiar Mandapam, Raj Bhavan, Chennai, on Monday. UNI PHOTO-161U

NEW DELHI, MAR 24 (UNI):- Union Minister of Health and Family Welfare and Chemicals and Fertilizers, Jagat Prakash Nadda at the inauguration of the World TB Day 2025, in New Delhi on Monday. UNI PHOTO-160U

NEW DELHI, MAR 24 (UNI):- Union Minister of Health and Family Welfare and Chemicals and Fertilizers, Jagat Prakash Nadda inaugurates the World TB Day 2025, in New Delhi on Monday. UNI PHOTO-158U

JAMMU, MAR 24 (UNI):- Jammu and Kashmir Chief Minister Omar Abdullah speaking in the Legislative Assembly, in Jammu on Monday. UNI PHOTO-157U

NAYAGARH, MAR 24 (UNI):- President Droupadi Murmu waving to crowd during foundation day ceremony Yagna at Sabbar community village of the Shabar Raja Biswabasu Bharatiya at Kaliapalli of Nayagarh district on her two-day visit to state, on Monday. UNI PHOTO-156U

NEW DELHI, MAR 24 (UNI):- Union Minister of Health and Family Welfare and Chemicals and Fertilizers, Jagat Prakash Nadda at the inauguration of the World TB Day 2025, in New Delhi on Monday. UNI PHOTO-155U

NEW DELHI, MAR 24 (UNI):- Union Minister of Health and Family Welfare and Chemicals and Fertilizers, Jagat Prakash Nadda inaugurates the World TB Day 2025, in New Delhi on Monday. UNI PHOTO-153U

NEW DELHI, MAR 24 (UNI):- Union Minister of Health and Family Welfare and Chemicals and Fertilizers, Jagat Prakash Nadda at the inauguration of the World TB Day 2025, in New Delhi on Monday. UNI PHOTO-152U

THIRUVANANTHAPURAM, MAR 24 (UNI):- Kerala Minister for Tourism and Public Works P A Mohammed Riyas speaking at the inauguration of the State Workshop and State Leadership Meet for Tourism Clubs at Kerala Institute of Tourism and Travel Studies (KITTS), in Thiruvananthapuram on Monday. UNI PHOTO-151U

BHUBANESWAR, MAR 24 (UNI):- President Droupadi Murmu received by Odisha Governor Hari Babu Kambhampati and Chief Minister Mohan Charan Majhi on her arrival at Biju Patnaik International Airport, in Bhubaneswar on two-day visit to state, on Monday. UNI PHOTO-150U